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FEATURED COMPANIES

Air conditioners are used in the transportation sector primarily to cool down the air inside the vehicle and provide comfort to passengers. The main components of an air conditioner are compressors, condensers, evaporators, and thermal expansion valves. It is applicable in the automotive, railways, and aerospace sector.

The analysts forecast the global air conditioner market for transportation sector to grow at a CAGR of 4.12% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global air conditioner market for transportation sector for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

The report, Global Air Conditioner Market for Transportation Sector 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

CALSONIC KANSEI

DENSO

Hanon Systems

Keihin

Valeo

Other prominent vendors

Bergstrom Climate Control Systems

Delphi Automotive

Gentherm

Johnson Electric

MAHLE

Samvardhana Motherson Group

SANDEN HOLDINGS

Sensata Technologies

Shanghai Velle Automobile Air Conditioner

Subros

Xiezhong International Holdings

Market drivers

Growth in railway sector

For a full, detailed list, view the full report

Market challenges

Fluctuations in raw material prices

For a full, detailed list, view the full report

Market trends

Innovation in air conditioners for transportation sector

For a full, detailed list, view the full report

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.

Commenting on the report, an analyst from the research team said: “One trend in the market is innovation in air conditioners for transportation sector. Manufacturers are constantly involved in developing technologically advanced products to meet the expectations of consumers and sustain in the competitive market. Companies, such as Valeo, Hanon Systems, and others, have developed advanced a/c units for transport vehicles.”

According to the report, one driver in the market is growth in railway sector. The adoption of air conditioners in rail transport is a key driver for the growth of the global air conditioner market for transportation sector. Since most developed regions, such as the Americas and Europe, have metros and railways that incorporate a/c systems in their network, the demand for air conditioners is expected to increase. In addition, countries such as India and China are planning to invest to develop their railway infrastructure and improve the connectivity and provide ease to passengers.

Further, the report states that one challenge in the market is fluctuations in raw material prices. The main raw materials used for manufacturing air conditioners are aluminum and steel. The cost of raw materials depends on economic conditions and inflationary pressures. Due to the volatility in raw material prices, the productivity of manufacturers is affected with respect to the number of units required to be produced. When the price increases, vendors bear the excess cost of ownership. However, due to the presence of many vendors in the market, manufacturers cannot afford to pass on the price to consumers, thereby affecting their profit margins.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.